The Global Thermal Insulation Material Market, valued at USD 71.22 billion in 2023, is projected to grow significantly, reaching USD 118.54 billion by 2032. This expansion reflects a compound annual growth rate (CAGR) of 5.84% over the forecast period from 2024 to 2032. Thermal insulation materials play a vital role in improving energy efficiency by reducing heat transfer in buildings, industria..
